In the third quarter of 2025, the number of transactions of newly-built flats in Batumi has increased by 31.3% year over year, while older flats saw a 2.9% increase. The number of transactions on the primary market of newly built flats increased by 47.6%, while the secondary market recorded a 13.9% increase.

As of the third quarter of 2025 the weighted average price of newly-built flats in Tbilisi has increased by 13.8% in the suburbs compared to the third quarter of 2024, 8.6% growth was observed in the city centre, while in the wide centre 22.9% increase was witnessed. In the wide center, the primary market for newly built flats recorded a 31.8% increase in prices, driven by the delayed registration of transactions by developers, meanwhile weighted average price of the primary transactions citywide recorded 16.9% growth. On the secondary market, the weighted average price rose by 6% citywide.

In the third quarter of 2025 the weighted average price of newly-built flats in Batumi increased by 27.2% equaling USD 1,350 per sq m. The increase in price was mostly due to the primary market, where the weighted average price increased by 48.8%, while on the secondary market 10.2% growth was observed. In one large project, around 460 transactions were registered all at once in the third quarter of 2025, which caused a sharp increase in the weighted average price in new projects. Without these transactions, the figure rose by 14.9%. Note: some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of September 2025 the weighted average price of newly-built flats in Tbilisi has increased by 13.5% in the suburbs compared to September 2024, 5.6% growth was observed in the city centre, while in the wide centre 24% increase was witnessed. In the wide center, the primary market for newly built flats recorded a 30.9% increase in prices, driven by the delayed registration of transactions by developers, meanwhile weighted average price of the primary transactions citywide recorded 13.6% growth. On the secondary market, the weighted average price rose by 5.6% citywide.

As of August 2025 the weighted average price of newly-built flats in Tbilisi has increased by 12.2% in the suburbs compared to August 2024, 7.6% growth was observed in the city centre, while in the wide centre 19.6% increase was witnessed. In the wide center, the primary market for newly built flats recorded a 31% increase in prices, driven by the delayed registration of transactions by developers. On the secondary market, the weighted average price rose by 5.7%.

In August 2025, the number of transactions of newly-built flats in Batumi has increased by 16.5% year over year, while older flats saw a 19.4% decrease. The number of transactions on the primary market of newly built flats increased by 27%, while the secondary market recorded a 6% increase.

In August 2025, in Tbilisi the number of transactions of residential flats amounted to 2,889 units, reflecting 8.8% YoY decrease. Market size increased by 0.7% standing at USD 225 millions. Note: The methodology of price analysis has been updated for new projects, which has resulted in changes in 2022-2025 figures.

As of August 2025, the number of transactions of residential flats in Batumi has increased by 13.6% to 1,298 units. The market size has increased by 36% standing at USD 80 millions.

As of August 2025 in Tbilisi the weighted average price of old flats has increased by 11.1% in the suburbs compared to August 2024, in the wide centre 1.2% growth was witnessed, while in the city centre the weighted average price increased by 20.2%. It should be noted that due to the low number of transactions in the city centre, prices fluctuate significantly.

In August 2025, the number of transactions in new projects in Tbilisi decreased by 6.4% compared to August of the previous year. The number of transactions on the primary market of newly built flats decreased by 11.1%, while the secondary market recorded a 0.2% decrease. The decline rate in old projects is 15.3%.

In August 2025 the weighted average price of newly-built flats in Batumi increased by 24.2% equaling USD 1,358 per sq m. The weighted average price increased in both primary (39.3%) and secondary (9.5%) markets. In one large project, around 140 transactions were registered all at once in August 2025, which caused a sharp increase in the weighted average price. Without this project, the figure rose by 11.8%. It should be noted that some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of July 2025 in Tbilisi the weighted average price of old flats has increased by 11% in the suburbs compared to July 2024, in the city centre 7.9% growth was witnessed, while in the wide centre the weighted average price increased by 4.6%.